F&M Bank-Iowa South Central

Status:Inactive as of 09/01/1999
 Merger - Without Assistance
Successor Bank:F&M Bank-Iowa Central
Headquarters:F&M Bank-Iowa South Central
1030 Broad Street
Grinnell, IA 50112
Established:01/01/1913
FDIC Insurance:01/01/1934
FDIC Cert:#9303
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$122,078,000
Total Deposits:$106,815,000

History

1913-01-01Institution established: Original name:Kellogg Savings Bank
1980-08-22Changed name to Kellogg - Sully Bank & Trust
1989-06-07Changed name to Security Bank Kellogg-Sully
1991-03-07Changed name to Security Bank Jasper-Poweshiek
1997-08-26Moved bank headquarters from KELLOGG, IA to GRINNELL, IA
1998-07-14Changed name to F&M Bank-Iowa South Central
1998-11-23Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
1999-09-01Acquired F&M Bank-Iowa South Central in GRINNELL, IA
1999-09-01Merged into and subsequently operated as part of F&M Bank-Iowa Central (10904) in MARSHALLTOWN, IA
1999-09-01Acquired F&M Bank-Iowa Story County (26238) in STORY CITY, IA
2010-04-23Merged into and subsequently operated as part of Great Western Bank (15289) in WATERTOWN, SD
2010-06-04Acquired TierOne Bank (29341) in LINCOLN, NE as part of a government assisted transaction.
2012-06-22Acquired First Federal Savings Bank of Iowa (30742) in FORT DODGE, IA
2016-05-16Acquired Home Federal Bank (28092) in SIOUX FALLS, SD
2017-07-05Moved bank headquarters from WATERTOWN, SD to SIOUX FALLS, SD

Financial Information (1998-12-31 and Older)